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Investegate |MGC Pharmaceuticals Announcements | MGC Pharmaceuticals: Notice of GM


Notice of Meeting and Incentive Share Plan
MGC Pharmaceuticals Ltd (ASX: MXC, MGC or the Company ),
is pleased to provide a copy of its Notice of General Meeting, to be held at 4pm WST 31 March 2021. Furthermore, in recognition of their contribution to the Company s success, it intends to issue performance rights under its proposed Employee Securities Incentive Plan (
Plan
) to its officers and employees in mid-May 2021. The Company will make the offer if shareholders approve the Company s Incentive Plan (Resolution 5) at the upcoming general meeting.  Shareholder approval will not be sought for the issue of the performance rights themselves.
The Company has resolved to offer 14,800,000 performance rights in total which will vest upon the eligible employees having either 18 months of continuous service to the Company up to 30 June 2021, or if employment commenced on or after 1 Ja ....

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